Alex Residences
Alex Residences is a 99-year leasehold condominium located in District 3 (Tiong Bahru, Queenstown), part of the Rest of Central Region (RCR). Completed in 2019, the development comprises 429 units, on a lease that commenced in 2013. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
ALEX RESIDENCES
Over the 12 months to Jul 2026, Alex Residences recorded 27 resale transactions at a median $2,266 psf (median price $1,930,000), and 152 rental contracts at a median $4,400/mo, a gross rental yield of 2.7%. Source: URA caveat data, as of Jul 2026.
Alex Residences's median of $2,266 psf over the trailing 12 months places its pricing above roughly 64% of District 3 condos; resale liquidity has been active with 27 caveats lodged; the 2.7% gross rental yield sits below the ~3% private-market benchmark. Figures reflect URA-registered resale caveats and exclude new-launch sales; weigh unit-specific factors — floor, facing and remaining lease — against this project-level average.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Jul-26 | $970,000 | $2,048 psf | 474 sqft | 21 to 25 | Studio |
| Jun-26 | $1,938,888 | $2,197 psf | 883 sqft | 01 to 05 | 2BR |
| Jun-26 | $2,238,000 | $2,189 psf | 1,023 sqft | 01 to 05 | 3BR |
| May-26 | $2,245,000 | $2,483 psf | 904 sqft | 26 to 30 | 2BR |
| May-26 | $2,238,412 | $2,418 psf | 926 sqft | 21 to 25 | 2BR |
| May-26 | $1,015,000 | $2,143 psf | 474 sqft | 31 to 35 | Studio |
| Apr-26 | $2,230,000 | $2,409 psf | 926 sqft | 16 to 20 | 2BR |
| Mar-26 | $1,010,000 | $2,133 psf | 474 sqft | 31 to 35 | Studio |
Can I afford Alex Residences?
Get the monthly repayment, total interest and cash flow based on this project’s median price of $1,930,000.
En-Bloc Potential
A heuristic read of land/redevelopment fundamentals — not a prediction that a collective sale will happen. Whether one succeeds hinges on owner consent, reserve-price expectations, and market timing. Only ~1 in 10 en-bloc attempts complete, and realised premiums have averaged ~14% (owners often expect 40%+). For an ageing leasehold, weigh this against near-certain lease decay while you wait.